NOT LISTED FOR SALE

Estimated Value: $807,375 - $942,000

1 Bed
1 Bath
644 Sq Ft
$455/mo HOA Fee

Last Sold November 29, 2016

Last sale price $615,000 $955 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,867/month

38 Days on Market

Highlights

  • Gated Parking
  • City Lights View
  • Wood Flooring
  • Roosevelt Elementary School Rated A+
  • 15,008 Sq Ft lot
  • 4-minute walk to Palisades Park

About This Home

As of November 2016

Beautifully remodeled quiet and private TOP FLOOR one-bedroom unit situated one block east of Ocean Avenue, in a prime Santa Monica location. Charming Contemporary with an open floor plan featuring hardwood floors with large windows that invite natural light and ocean breezes. Kitchen with stainless steel appliances, granite counters, custom made cabinets and a breakfast bar. The spacious bedroom features a designer closet, built-ins, ceiling fan and lovely tree top views. This unit has one underground parking space plus an assigned storage unit. HOA includes earthquake insurance. Close to trendy Montana Avenue shops, restaurants, Palisades Park and even the famous Santa Monica Promenade. This is a gated security building with intercom, an elevator, on-site laundry, no steps from parking to unit and an excellent school district. See private remarks regarding financing.

Last Agent to Sell the Property

angela forgo

Compass License #01324702 Listed on: 10/03/2016

Compass

Last Buyer's Agent

Michael Rahimian

Compass License #01728676

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,601

Year Built

  • Built in 1976

Lot Details

  • Gated Home

HOA Fees

  • $455 Monthly HOA Fees

Interior Spaces

  • 644 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room
  • Dining Area
  • Wood Flooring
  • City Lights Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Gated Parking
  • Parking Garage Space

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 4292-025-097

Community Details

Overview

  • Association fees include building and grounds, earthquake insurance, trash, water and sewer paid
  • 21 Units

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,601

Year Built

Built in 1976

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: 826 2nd St. Home Owners Association
  • Entry Floor: 4
  • Living Area: 644
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 1976
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 959.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Gated Underground
  • Total Parking: 1

Utilities

  • Cooling: Ceiling Fan
  • Earth Quake Ins: 1
  • Heating: Central, Wall Gas
  • Security: Gated

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Earthquake Insurance, Trash, Water and Sewer Paid
  • HOA Fees: 455.00
  • HOA: Yes

Association/Amenities

  • Pet Rules: Assoc Pet Rules, Call

Lot Info

  • Assessor Parcel Number: 4292-025-097
  • Geocode Override: No
  • Lot Size Area: 15008

Multi Family

  • Number Of Units: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Nov 14, 2016
Sold by
Pape Robert G
Bought by
Rindlaub David L
Seller's Agent
angela forgo
Compass
Buyer's Agent
Michael Rahimian
Compass
List Price
$629,000
Sold Price
$615,000
Premium/Discount to List
-$14,000
-2.23%
Current Estimated Value
$863,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,344
Avg. Annual Appreciation
3.95%
Original Mortgage
$461,250
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2015
Sold by
Pape Robert G
Bought by
Pape Robert G and Robert G Pape 2015 Revocable Trust

Purchase Details

Closed on
May 5, 2015
Sold by
Pape Robert G
Bought by
Pape Robert G

Purchase Details

Closed on
Dec 12, 2009
Sold by
Pape Robert G and Pape Judy A
Bought by
Pape Robert G

Purchase Details

Closed on
Jan 7, 2005
Sold by
826 2Nd St Sm Llc
Bought by
Pape Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2004
Sold by
Sc Harvest Llc
Bought by
826 2Nd Street Sm Llc

Purchase Details

Closed on
May 25, 2004
Sold by
826 2Nd Street Sm Llc
Bought by
Sc Harvest Llc

Purchase Details

Closed on
Jan 22, 2002
Sold by
Richards John B and The Richards Family Trust
Bought by
Shu Stanley K
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rindlaub David L $615,000 Lawyers Title
Pape Robert G -- None Available
Pape Robert G -- None Available
Pape Robert G -- None Available
Pape Robert G $435,000 Fidelity National Title Co
826 2Nd Street Sm Llc -- --
Sc Harvest Llc -- --
Shu Stanley K $2,000,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rindlaub David L $412,795
Closed Rindlaub David L $438,847
Closed Rindlaub David L $461,250
Previous Owner Pape Robert G $398,000
Previous Owner Pape Robert G $400,000
Previous Owner Pape Robert G $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $615,000 -0.5% $955 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
10/28/2016 10/28/16 Price Changed $618,000 -1.7% $960 / Sq Ft
10/03/2016 10/03/16 For Sale $629,000 0.0% $977 / Sq Ft
09/17/2015 09/17/15 Rented $3,500 0.0% --
08/10/2015 08/10/15 For Rent $3,500 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,601 $713,755 $571,005 $142,750
2024 $8,601 $699,760 $559,809 $139,951
2023 $8,459 $686,040 $548,833 $137,207
2022 $8,342 $672,589 $538,072 $134,517
2021 $8,121 $659,402 $527,522 $131,880
2020 $8,063 $652,641 $522,113 $130,528
2019 $7,975 $639,845 $511,876 $127,969
2018 $7,515 $627,300 $501,840 $125,460
2016 $6,283 $512,203 $409,766 $102,437
2015 $6,200 $504,510 $403,611 $100,899
2014 -- $448,000 $358,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-167474

The MLS

APN: 4292-025-097